HomeAway -1.3% AH on $350M convertible offering

|By:, SA News Editor

HomeAway (AWAY) is offering $350M worth of convertible senior notes due 2019. Underwriters will have a $52.5M overallotment option.

The vacation home rental marketplace ended 2013 with over $392M in cash/investments, and no debt. It carried out a 6M-share offering in December.